Red Violet, Inc. Earnings Per Share Disclosure
3. Earnings per share
For the years ended December 31, 2025 and 2024, the basic and diluted earnings per share was as follows:
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Year Ended December 31, |
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(In thousands, except share data) |
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2025 |
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2024 |
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Numerator: |
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Net income |
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$ |
13,154 |
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$ |
7,003 |
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Denominator: |
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Weighted average shares outstanding: |
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Basic |
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14,036,920 |
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13,864,797 |
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Diluted(1) |
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14,398,047 |
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14,125,825 |
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Earnings per share: |
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Basic |
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$ |
0.94 |
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$ |
0.51 |
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Diluted |
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$ |
0.91 |
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$ |
0.50 |
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Historical Timeline
| Fiscal Year | Filed | |
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| 2025 | Mar 4, 2026 | Showing above |
| 2024 | Feb 27, 2025 | |
| 2023 | Mar 7, 2024 | |
| 2022 | Mar 8, 2023 | |
| 2021 | Mar 9, 2022 | |
| 2020 | Mar 10, 2021 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.